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Below is a trading comment entitled 🔍Studying horizontal volumes🤔 you may find interesting:

🔍Volumes are one of the most useful tools on the market, That gives the most objective information about the alignment of forces between buyers and sellers (with qualitative analysis, of course). It is necessary to learn how to correctly interpret volumes ( volume analysis) and the trader gets a powerful tool at his disposal. Add to this risk management and money management (without this, you will never succeed in the market) and get one of the most profitable strategies. There are two types of volume: horizontal and vertical. And in this eduaction idea, we will get a little acquainted with horizontal volumes.🧐 What is it? Horizontal volumes are a histogram based on the number of trades made at a price level. Unlike vertical volumes, that tells us about the volume traded for the set time period, horizontal volumes show the volume traded at the price level. This tool will allow to identify highly probable reversals, as well as areas of support and resistance . Thanks to TradingView, everyone can use the horizontal volume indicator for free. Thank you so much🙌📊 Horizontal volume indicator includes:➡️ Value Zone/Area➡️ VAH (value area high)➡️POC (point of control)➡️ VAL (value area low) All of the above can be seen on the graph (marked on the graph above). The Value Zone/Area is the so-called “body” of th…

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